30-year mortgage rates down slightly (Poughkeepsie Journal) WASHINGTON ? Rates on 30-year mortgages dipped last week, although 15-year mortgage rates were unchanged. Mortgage giant Freddie Mac reported Thursday in its weekly survey rates on 30-year, fixed-rate mortgages
Canadian Housing Starts Decline 5 Percent in May, More Than Expected Canadian housing starts fell a more- than-expected 5 percent in May, led by a decline in construction of multiple-family homes, the federal government's housing agency said.via
Foreclosures likely to rise Foreclosures of subprime mortgages are expected to rise dramatically in the coming months, with nearly one in five subprime borrowers at risk, according to a consumer advocacy group.Commentread more...
Mortgage business drags on Block earnings (Kansas City Star) An interest rate squeeze on H&R Block?s mortgage business hurt second quarter results and led management to trim their earnings outlook for the year as much as 10 percent.read more...
Clean-out: Rudd rids office of all traces of Howard "The furniture purchased by the previous office is now in storage." KEVIN Rudd has purged his Parliament House office of all traces of John Howard, ordering his predecessor's hand-picked
Tribune Company Buys Real Estate Web Site The Tribune Company said yesterday that a subsidiary had acquired ForSaleByOwner.com , a real estate Web site that connects buyers and sellers through private-party residential property listings.read more...
Two of the largest mortgage lenders based in the Philadelphia region are now one. Gateway Funding Diversified Mortgage Services L.P., Horsham, bought the assets of Arlington Capital Mortgage Corp., Bensalem, Gateway’s chief executive Bruno P. Pasceri said yesterday.
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